604 Credit Score
Is it good or bad?
Your score falls within the range of scores, from 600 to 650, that is considered fair. A 604 CIBIL Score is a below the average score credit score.
A 604 CIBIL Score is a below the average score credit score.
Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications. Other lenders that specialize in 'subprime' lending, are happy to work with consumers whose scores fall in the Fair range, but they charge relatively high interest rates and fees.
HOW TO IMPROVE YOUR 604 CREDIT SCORE?
Think of your Credit Score of 604 as a base to jump to higher scores. Raising your credit score is a gradual process, but it's one you can begin right away.
For insights into the specific causes of your score, and ideas on how to improve it, get copies of your credit reports and check your CIBIL Credit Score. Included with the score, you will find score-improvement suggestions based on your unique credit history. If you use those guidelines to adopt better credit habits, your score may begin to increase, bringing better credit opportunities.
